Automakers to Receive Extended Tariff Relief Under Trump’s New Orders
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LN24 / 1 month
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- 3 min read
President Donald Trump has signed orders expanding tax credits for U.S. automobile and engine production and introducing new tariffs of 25% on imported medium- and heavy-duty trucks and their parts, effective November 1. The tariffs are being imposed on national security grounds and aim to encourage increased vehicle production within the United States. Mexico, the […]